Mike is a retired stock broker, and now published author of Gold Rush!. In addition, he is a freelance writer specializing in real estate, personal finance and home decor now writing from San Miguel, Mexico.

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The National Inflation Association (NIA) touted a stock with this headline:

Rare Situation:
One Stock to Buy Before the Fiscal Cliff

Followed by this prediction:

MDXX is a STRONG BUY! A $5000 investment in MDXX could be worth as much as $50,000!

Concluding with:

You donâ€™t want to miss this ground floor opportunity to own shares in a company that could return 1000% profit!MDXXhas earned our5 Star rating as a STRONG BUYas well.

I checked the price this am and saw no bid or ask. Then I checked the news and found that trading has been suspended. WHY?

OTC Markets has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities. It has been labeled Caveat Emptor for one of the following reasons:

Questionable Promotionâ€” The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public.

Spamâ€” The security is the subject of spam promotion having the effect of encouraging trading of the issuer’s securities.

Investigation of Fraudâ€” There is a known investigation of fraudulent activity involving the company, its securities or insiders.

Suspension/Haltâ€” A Regulatory Authority has halted or suspended trading for public interest concerns (i.e. not a news or earning halt).

Disruptive Corporate Actionsâ€” The security or issuer is the subject of corporate actions, such as reverse mergers or serial stocks splits and name changes, without adequate current information being publicly available.

Unsolicited Quotesâ€” The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.

Other Public Interest Concernâ€” There is, in OTC Markets’ view, a public interest concern.

And to think I was contemplating buying some! Yeah, like that would have happened! Be leery of emails touting stocks

The radio played “My Home Town” and I really listened to the words. Bruce caught the future of America in his 1984 album “Born in the U.S.A.” Everywhere I look are signs where businesses used to flourish now read FOR LEASE!

Now Main Street’s whitewashed windows and vacant stores
Seems like there ain’t nobody wants to come down here no more
They’re closing down the textile mill across the railroad tracks
Foreman says these jobs are going boys and they ain’t coming back to your hometown

In the latest Investment Advisory, Porter Stansbery writes,

Never before in American History have so many people been so dependent on the government. Around 70 million people in our country depend on the government for food stamps, retirement benefits, health care, job training, or a host of other benefits…costing $2.5 trillion a year, which is more than we collect in income taxes.

Meanwhile, less than 15% of Americans pass what I consider to be the minimum test of financial independence – a net worth of more than $10,000 and at least $10,000 in liquid savings. That means that 85% of the country will be in dire straits if the FED’s money spigoy is ever turned off.

That means the spigot can’t be turned off or there will be riots in the street. So the government will tax those making above $250,000 more and more and the cutoff income will come down. And the government will print money out of thin air to pay the 85%.

History tells us that we are on a continuum. Failures in the economy will be seen as our system isn’t working, the Feds will respond by narrowing our tax base, spending and printing more money, and blaming the private sector. That won’t stop the failures, so the government will demand more control, curtail more and more civil liberties and prosecute or destroy anyone who tries to stop them. Taken to extreme we have “Agenda 21” by Glenn Beck or “Anthem” by Ayn Rand.

I’ve written many times about precious metals; Gold Silver Platinum, and Palladium. In today’s interview with Rick Rule is interviewed today at King World News about Palladium and how the price could soar like platinum. The sources of Palladium are three countries and all politically unstable.

Any time conservatives are asked about changing our immigration policy, their first priority is border security. We don’t want more illegals in this country and we want security from terrorists and the drug cartels. So it came as a shock to me to just learn that the Obama regime is closing the border sovereignty and drug interdiction mission in 60 days operated by ITT Exelis Company.

“TARS provides cost-effective, low-level radar surveillance for the US-Mexico border, the Florida Straits, and a portion of the Caribbean in support of USNORTHCOMâ€™s and USSOUTHCOMâ€™s Counterdrug/Counter-Narco Terrorism (CD/CNT) missions. In addition to the CD/CNT mission, TARS surveillance data also supports North American Aerospace Defense Commandâ€™s (NORAD) air sovereignty mission for the continental United States. The TARS program is optimized primarily to detect low, slow flying aircraft. Operational locations are in Arizona, New Mexico, Texas, the Florida Keys, and Puerto Rico with support locations in Newport News, VA, and El Paso, Texas.”

Does the regime have a better plan or does it just want to leave America vulnerable? Is it cynical of me to think that any terrorist act in the country will allow the regime to seize more power?